OverviewSuggest Edit

ProGreen US, Inc. is engaged in acquiring, refurbishing and upgrading potential income-producing residential real estate. The properties, once refurbished, have then been leased to suitable tenants, creating good returns as rental properties. The Company is as well focused on investments and interest in agricultural land in Baja California, Mexico.

TypePublic
Founded2009
HQBloomfield Township, US
Websiteprogreenus.com

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)1
Revenue (FY, 2018)($75.2 K)(-200%)

ProGreen US Office Locations

ProGreen US has an office in Bloomfield Township
Bloomfield Township, US (HQ)
6443 Inkster Rd #170d
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ProGreen US Financials and Metrics

ProGreen US Revenue

ProGreen US's revenue was reported to be ($75.18 k) in FY, 2018
USD

Net income (Q1, 2019)

(1.1m)

EBIT (Q1, 2019)

(291.2k)

Market capitalization (8-Oct-2018)

1.2m

Cash (31-Jul-2018)

18.0k

EV

1.2m
ProGreen US's current market capitalization is $1.2 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

101.2k487.0k214.5k74.8k(75.2k)

Revenue growth, %

381%(56%)

Sales and marketing expense

25.7k3.2k

Operating expense total

505.0k786.3k664.7k827.5k906.2k
Quarterly
USDQ3, 2014Q1, 2015Q1, 2017Q2, 2017Q3, 2017Q3, 2018Q1, 2019

Revenue

4.5k7.6k74.3k19.5k42.5k(11.6k)

Sales and marketing expense

10.8k921.0

Operating expense total

109.4k130.4k145.1k174.7k139.8k186.9k291.2k

Depreciation and amortization

3.4k3.4k
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

176.8k99.3k189.9k289.1k106.3k

Accounts Receivable

7.5k27.4k1.2k

Goodwill

180.0k

Total Assets

327.2k164.5k1.8m2.4m2.0m
Quarterly
USDQ3, 2014Q1, 2015Q1, 2017Q2, 2017Q3, 2017Q3, 2018Q1, 2019

Cash

81.4k112.2k33.7k30.0k64.0k139.7k18.0k

Accounts Receivable

5.2k6.2k5.5k9.4k

Goodwill

180.0k180.0k180.0k

Total Assets

172.5k351.3k1.8m1.8m2.3m2.1m2.1m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(486.0k)(406.5k)(852.1k)(1.5m)(1.1m)

Depreciation and Amortization

13.6k13.6k17.1k38.3k17.8k

Accounts Payable

67.2k149.3k96.4k(39.0k)238.6k

Cash From Investing Activities

(260.1k)
Quarterly
USDQ3, 2014Q1, 2015Q1, 2017Q2, 2017Q3, 2017Q3, 2018Q1, 2019

Net Income

(369.8k)(151.4k)(517.2k)(681.0k)(919.7k)(621.8k)(1.1m)

Depreciation and Amortization

10.2k3.4k10.5k20.2k29.2k15.7k

Accounts Payable

49.9k60.6k(11.9k)24.8k(14.9k)9.4k42.3k

Cash From Investing Activities

(128.2k)(172.7k)(127.2k)
USDY, 2018

EV/EBIT

-4.2 x

Financial Leverage

-0.7 x
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ProGreen US Online and Social Media Presence

Embed Graph

ProGreen US Blogs

July 11, 2018 – Arenoso

Here we have some photos from yesterday (July 11, 2018) at the Arenoso farm, showing the pepper plants from various angles across the fields. The farming is progressing well, and Contel will begin harvesting in August.  

ProGreen Subsidiary Closes on the New 2,500-Acre Land Purchase

SAN DIEGO, June 21, 2018 — ProGreen US, Inc. (ProGreen) (OTCQB:PGUS), announced today that it’s subsidiary, Procon Baja JV (Procon), closed on the purchase and took possession of the new 2,500-acre tract of land in Baja California. The total purchase price is $160,000 (USD), with $30,000 paid, and t…

Cielo Mar Update

Phase I Execution Plan: Preview Sample document images were published today on the Master Plan page of the Cielo Mar website, giving a preview of the Phase I Execution plan. ProGreen issued a press release today, announcing that we expect to break ground on the Cielo Mar infrastructure construction …

ProGreen Moves Up Timetable for Cielo Mar Construction

SAN DIEGO, June 12, 2018 /PRNewswire/ — ProGreen US, Inc. (ProGreen) (OTCQB:PGUS), today announced that it expects to start construction of the infrastructure of Cielo Mar much sooner than previously estimated. Click to Tweet: https://ctt.ac/0I644 To learn more about Cielo Mar, visit: https://www.cielomarbaja.com/master-plan/…

June 2, 2018 – Arenoso (photos & video)

Work in progress at ProGreen Farms™ Arenoso. Just a few more days to complete the planting of chili peppers in the last section of the Arenoso farm.  

June 1, 2018 – Arenoso

Chilis on the way! Plants are growing healthy and strong. Red jalapeño peppers to be delivered to Huy Fong Foods, Inc., maker of Sriracha sauce (a.k.a. “rooster sauce”).  
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ProGreen US Frequently Asked Questions

  • When was ProGreen US founded?

    ProGreen US was founded in 2009.

  • How many employees does ProGreen US have?

    ProGreen US has 1 employees.

  • Who are ProGreen US competitors?

    Competitors of ProGreen US include EDR, Tejon Ranch Company and Beazer Homes.

  • Where is ProGreen US headquarters?

    ProGreen US headquarters is located at 6443 Inkster Rd #170d, Bloomfield Township.

  • Where are ProGreen US offices?

    ProGreen US has an office in Bloomfield Township.

  • How many offices does ProGreen US have?

    ProGreen US has 1 office.